Ramapo College Information System

Detailed Course Information

Spring 2012
Mar 31,2015

Select the desired Level or Schedule Type to find available classes for the course.

ECON 201 - INTERMEDIATE MICROECONOMICS

With this study of how individual agents, both firms and households, interact in market situations to determine the price of goods and services, students gain a better understanding of how scarce resources are allocated. Intermediate Microeconomics is a more theoretical treatment of some of the topics covered in Microeconomics. The class will be concerned with learning tools of economic analysis, which are applicable to economic situations such as: consumer sovereignty, the labor/leisure tradeoff, the economics of information and monopsony power in baseball. The goals of the class include: learning the intermediate tools and terminology that economists use, developing a theoretical approach for analyzing consumer preferences, showing how altruism can be explained using utility theory, exploring the relationship between inputs and outputs and understanding how economic theory can explain everyday economic behavior.
0.000 TO 4.000 Credit hours
0.000 TO 4.000 Lecture hours

Restrictions:
Must be enrolled in one of the following Levels:
Undergraduate

Prerequisites:
FOR ECON 201

General Requirements: (
Course or Test:
ECON
101
Minimum Grade of
D
May not be taken concurrently.
and
Course or Test:
ECON
102
Minimum Grade of
D
May not be taken concurrently.
)and(
Course or Test:
MATH
101
Minimum Grade of
D
May not be taken concurrently.
)or(
Course or Test:
MATH
110
Minimum Grade of
D
May not be taken concurrently.
)or(
Course or Test:
MATH
121
Minimum Grade of
D
May not be taken concurrently.
)